Trustees’ Annual Report for the period
From 1[st] April 2023 To 31[st] March 2024
Charity name: Enterprise Junction
Charity registration number: 1178489
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | At Enterprise Junction we specialise in helping people with additional barriers become self-employed or start a business to transform their lives. Not only do we provide business support, but we help build the confidence and self-esteem of our clients which is essential for them to flourish. Our business coaches and mentors understand the barriers that our clients face and we use tried and tested techniques to help them overcome the many inner challenges they can come up against. We are aware that mainstream business support is either too expensive or not fit for purpose for our client group and so we work with selected organisations and partners to provide and facilitate the training and support required to help individuals empower their lives. We work through our partners to support offenders, ex-offenders, long term unemployed and others who have experienced barriers to starting their own business. We also run enterprise programmes for young people, have a dedicated women’s business adviser and a unique management development programme for corporate clients. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
The charity remained dormant during the financial year and undertook no charitable activities. No projects, programmes or fundraising activities were delivered in the period. The trustees continued to ensure that the charity complied with its legal obligations and considered options for its future. |
Statement confirming Para 1.18 whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit
The trustees confirm that they have had regard to the Charity Commission’s guidance on public benefit when reviewing the charity’s aims and objectives and in planning future activities.
Additional information (optional) You may choose to include further statements where relevant about:
SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | The trustees have reviewed the charity’s position and have agreed to begin the process of winding up, subject to the requirements of charity law. |
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | |
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | At the period end the charity had expended all funds in accordance with its charitable objectives and due to a lack of funding, discontinued operations before the year end. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | No reserves were held at year end due to charity closedown |
| Amount of reserves held | Para 1.22 | £0 |
| Reasons for holding zero reserves |
Para 1.22 | Charity discontinued operations |
| Details of fund materially in deficit |
Para 1.24 | n/a |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | The trustees have concluded that the charity is not a going concern. The trustees formally resolve to discontinue activities and begin the process of winding up. |
Additional information (optional) You may choose to include further statements where relevant about:
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | |
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 |
Trust Deed |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | CIO |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | A vacancy may arise due to a resignation or a decision to increase the board of trustees in order to gain specific skills and experience that are needed to help run the charity. The trustees agree what skills, experience and knowledge are needed and create a job description and person specification. The trustees agree responsibilities and a process for recruitment. Some of the work may be delegated to a sub-group of trustees, but the whole trustee board remains in full control of the process and decisions. Disqualification You must not act as a trustee if you are disqualified under the Charities Act, unless your disqualification has been waived by the Commission. Reasons for disqualification include if you: •Disqualified as a company director •Have an unspent conviction for an offence involving dishonesty or deception (such as fraud) •Are an undischarged bankrupt (or subject to sequestration in Scotland), or have a current composition or arrangement including an individual voluntary arrangement (IVA) with your creditors •Have been removed as a trustee of any charity by the Commission (or the court) because of misconduct or mismanagement •Are on the sex offenders’ register What happens if a disqualified person becomes a trustee? If a disqualified person is not able to act as a trustee their appointment will be ended. This is a legal requirement. When, and how, new trustees are appointed |
The trustees consider the best methods of attracting a diverse range of candidates with the skills the charity needs. This may include advertising in; • Local or specialised press • Social media • Trustee recruitment websites • People who already support the charity • Local universities, colleges or their student union • Trustee brokerage services Short-listing and interviews take place against the agreed criteria. Interviews are carried out by a small panel of trustees, and each candidate is asked similar questions to ensure a fair and objective approach. Notes are kept for each interview. Preferred candidates are identified and invited to join the trustees, subject to references, formal vetting and approval by the full trustee board. Unsuccessful candidates are notified and thanked for their interest. Vetting potential trustees The trustees check that the candidates have not been disqualified from acting as trustees, and candidates are asked to confirm in writing that this is the case. Candidates are asked to consider and declare any existing or potential conflicts of interest. If the charity works with children or adults at risk, the trustees seek any appropriate checks from the Disclosure and Barring Service. In the light of the checks and declarations, the trustees decide to go ahead and formalise the appointment of new trustees. Making the appointment The trustees check that they appoint the new trustees in a proper and legal way, using this document as guidance. The Chair of the charity writes to the prospective trustees, setting out their duties and the charity’s expectations of them; they are asked to sign and return a copy of the letter.
An information pack about the charity is sent to new trustees, and a full induction process arranged. New trustees meet existing trustees and others involved with the charity, such as members of staff, volunteers and beneficiaries. The new trustees attend their first board meeting and are duly welcomed. All relevant parties, such as funders and the charity’s solicitors and auditors, are notified of the new appointment
Additional information (optional) You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction Para 1.51 and training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works w Para 1.51 Other
Reference and Administrative details
| Charity name | Enterprise Junction |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1178489 |
| Charity’s principal address | Preston Park House South Road Brighton BN1 6SB |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee(if any) |
|---|---|---|---|---|
| Allegra Chapman | 01/04/23 – 01/05/23 | |||
| Fiona Anderson | 01/04/23 – 01/05/23 | |||
| Jonathan Robards | ||||
– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets n/a held in this capacity Name and objects of the n/a charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for n/a safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
| Additional information (optional) Names and addresses of advisers (Optional information) |
Additional information (optional) Names and addresses of advisers (Optional information) |
Additional information (optional) Names and addresses of advisers (Optional information) |
|---|---|---|
| Type of adviser Name Address |
||
| Name of chief executive or names of senior staff members (Optional information) | ||
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
| Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date |
||
|---|---|---|
| Jon Robards | ||
Trustee |
||
| 30/07/24 | ||
| 30/07/24 |
Charity Name No (if any) Enterprise Junction 1178489 Receipts and payments accounts CC16a For the period Period start date Period end date To from 31/03/2024
For the period Period start date To from 01/04/2023
Section A Receipts and payments
| A1 Receipts | Unrestricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Total funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Total funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Last year to the nearest £ |
|---|---|---|---|---|---|---|
| Event tickets | - | 280 | ||||
| Donations | - | 10,636 | ||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| Sub total(Gross income for AR) |
- | 10,916 | ||||
| A2 Asset and investment sales, (see table). |
||||||
| - | ||||||
| - | - | |||||
| ~~Sub total~~ | - | - | ||||
| Total receipts A3 Payments |
||||||
| 10,916 | ||||||
| Workshops andproject management | - | 541 | ||||
| Insurance | - | 11,021 | ||||
| Bank charges | - | 6 | ||||
| Accountancyfees | - | 150 | ||||
| Sundry | - | 90 | ||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| **Sub total ** | - | 11,808 | ||||
| A4 Asset and investment purchases, (see table) |
||||||
| - | ||||||
| - | ||||||
| **Sub total ** | - | - | ||||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
||||||
| 11,808 | ||||||
| - | - | - | - |
- 892 | ||
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| - | - | - | - | - 892 |
CCXX R1 accounts (SS)
06/03/2026
1
| Section B Statement of assets and liabilities at | Section B Statement of assets and liabilities at | the end of the period | |
|---|---|---|---|
| Categories Signed by one or two trustees on behalf of all the trustees B5 Liabilities B3 Investment assets B2 Other monetary assets B4 Assets retained for the charity’s own use B1 Cash funds |
Details Details Total cash funds (agree balances with receipts and payments account(s)) Bank Details Details Details Signature |
Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name Jon Robards |
Endowment funds to nearest £ |
| - | |||
| - | |||
| - | |||
| - | |||
| OK | |||
| Endowment funds to nearest £ |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
|||
| Date of approval |
|||
| Jon Robards | 30/01/2025 | ||
CCXX R2 accounts (SS)
06/03/2026
2